Industry: HR News, Trends & Workplace Insights

Explore the latest Industry news, trends, AI innovations, HR analytics, and digital workplace insights. Stay updated with expert opinions and industry developments.

Updated on: Apr 2024
Infosys Q4FY24 highlights; Headcount down by 25,994 in a year
Industry

Infosys Q4FY24 highlights; Headcount down by 25,994 in a year

Yesterday, India’s second-largest IT giant, Infosys reported its fourth quarter Q4FY24, March ending financial results. The company delivered $18.6 billion in FY24 revenues with a growth of 1.4% in constant currency and an operating margin of 20.7% Highlights “We delivered the highest ever large deal value in the financial year 2024. This reflects the strong […]

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KPMG inaugurates Bengaluru Insights Centre for innovation; Apply
Industry

KPMG inaugurates Bengaluru Insights Centre for innovation; Apply

A multinational professional services network, KPMG in India has announced the launch its second KPMG Innovation Kaleidoscope – Insights Centre in Bengaluru. Situated in Embassy Golf Links Business Park within its Bengaluru office, the Centre serves as a hub showcasing a fusion of India-specific and global solutions tailored to meet real-world business needs. This collaborative workspace […]

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Philips opens Pune R&D center to accommodate 1900 employees
Industry

Philips opens Pune R&D center to accommodate 1900 employees

Royal Philips, a frontrunner in health technology worldwide, has unveiled plans for a new R&D center in Pune, Maharashtra, as part of its Healthcare Innovation Centre (HIC) expansion, underscoring India’s rising significance in global healthcare innovation. Positioned on a 10-acre parcel in MIDC, Chinchwad, the forthcoming facility is slated to encompass around 300,000 sq. ft […]

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Deloitte opens 4th Bengaluru office, Explore career opportunities
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Deloitte opens 4th Bengaluru office, Explore career opportunities

Deloitte expands Bengaluru presence with a new Yemalur office, accommodating 6,000 professionals, serving global clients, and supporting regional growth strategy. The new Bengaluru office, inaugurated by Deloitte US Chair Lara Abrash, will specialize in artificial intelligence, data analytics, cybersecurity, cloud services, featuring cutting-edge setups like an XR Studio and Innovation Labs. In March, Deloitte expanded […]

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Financial Times & Infosys Launch Free FT Content for Students
Industry

Financial Times & Infosys Launch Free FT Content for Students

Infosys, a prominent figure in next-gen digital services and consulting, revealed an extension of its collaboration with the Financial Times (FT) to bolster educational initiatives in India. Together, they aim to contribute significantly to educational advancement, aligning with both organizations’ shared vision of empowering individuals through knowledge and skill development. FT is collaborating with Infosys […]

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Noventiq opens Bangalore office to welcome remote new hires
Industry

Noventiq opens Bangalore office to welcome remote new hires

On April 16th, Noventiq, a global leader in digital transformation and cybersecurity solutions, announced the inauguration of its new Bangalore office. Strategically situated in Vasanth Nagar, the office optimizes operational efficiency and offers a superb workplace. It will bolster Noventiq’s customer operations and IT support. Additionally, it will act as a central point for local […]

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TCS, Accenture, Cognizant top LinkedIn company rankings
Industry

TCS, Accenture, Cognizant top LinkedIn company rankings

A business and employment-focused social media platform, LinkedIn unveiled its 2024 Top Companies list for India, showcasing IT companies securing the top three positions, with financial services firms exerting dominance across the list. The 8th annual LinkedIn Top Companies list puts a spotlight on the 25 leading workplaces with more than 5,000 employees globally. The […]

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IKEA to train nearly 3,000 workers and 500 leaders in AI
Industry

IKEA to train nearly 3,000 workers and 500 leaders in AI

Ikea, a Swedish multinational, aims to equip about 3,000 employees and 500 leaders with AI literacy training. Under this initiative, a diverse array of courses is offered, meticulously designed to cater to the distinct requirements of employees across different hierarchical levels and career paths within the organization. The courses span from AI Fundamentals, open to […]

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TCS unveils new center, to create 1,600 job opportunities
Industry

TCS unveils new center, to create 1,600 job opportunities

Tata Consultancy Services (TCS), a global leader in IT services, consulting, and business solutions, announced a new delivery center in Londrina, Paraná, Brazil. The delivery center will focus on vital sectors like Business Transformation, Artificial Intelligence, and Cognitive Business Operations. It will provide a wide range of IT services to clients globally and specifically in Brazil. […]

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NVIDIA is offering multiple online courses; Know more here
Industry

NVIDIA is offering multiple online courses; Know more here

An American multinational corporation and technology company, NVIDIA is offering multiple online courses including Self-Paced Training (free courses) like An Even Easier Introduction to CUDA, Assemble a Simple Robot in Isaac Sim, and more. The company said on its page, “Whether you’re an individual looking for self-paced training or an organization wanting to bring new skills […]

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Citi Bank suffers from increased severance expenses amid layoffs
Industry

Citi Bank suffers from increased severance expenses amid layoffs

Citi Group faced first-quarter challenges with rising expenses for severance payouts to laid-off staff and investments in replenishing a government deposit insurance fund, impacting its performance. In January, Citigroup was expected to cut at least 20,000 jobs over the next two years as it reported its worst quarter in 14 years. In its restructuring, Citi […]

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Tata Electronics is planning to hire nearly 35000 people, Apply Here
Industry

Tata Electronics is planning to hire nearly 35000 people, Apply Here

A greenfield venture of the Tata Group manufactures precision electronic components, Tata Electronics is planning to hire nearly 35000 people. Why is Tata Electronics hiring? As reported by Business Standard, Tata Electronics, which is expanding its iPhone assembly hub at Koothanapalli in Tamil Nadu’s Hosur, is set to increase its employee strength by 175 percent to […]

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